Mr. Speaker, first of all, I do not accept the statement by the hon. member that $200 million has
been wasted and that nobody knows where missiles and other types of military matériel might be.
What I do agree with, however, in the context of the question put by my hon. friend, is that there have been some questions raised about the way this fund has been managed over many years because of the requirement of the American government with respect to the acquisition of military matériel from the United States.
An internal audit is being conducted. Unless he and the House of Commons, to whom we are accountable, are thoroughly satisfied with the results of that audit, we will take whatever measures are appropriate.